Skip to main content

Milei and Argentina’s Opportunity and more…

By Jimbo Ar

 Javier Milei, 52, is the leader of the Argentinian Political Movement La Libertad Avanza. Milei is self-proclaimed Libertarian who is into politics as a Congressman since 2021 and a political commentator for a few more years.

Milei won the primaries in Argentina, PASO, this past Sunday. La Libertad Avanza achieved a 30% of the national vote. This result is a surprise for most of the people even outside of that country. However, there are different takes on the outcome of this electoral process.

According to Pablo Touzon, political analyst, Milei’s victory is the result of failures of Mauricio Macri’s and Alberto Fernandez’ governments. Even, there are some people who compare Milei to Donald Trump and Jair Bolsonaro. Natalia Aruguete, journalist, so that Melei’s vote comes an “antiestablishment” type-of-movement or a population feeling due to the years that Argentina and its citizens suffered. (Sourtech, n.d.)

Nonetheless, Javier Milei is truly a genuine politician who looks into a huge government overhaul, even to the point to eradicate the ministries of: Health, Education, and Environment. (Nicas et al., 2023) Most importantly, Miley proposes the use of the United States Dollar, as Argentina’s national currency; to repel the misuse of roughly 14 different types of US Dollars as currency that the government has or contributed to create. in order to fund its government misallocated programs.  Furthermore, Milei seeks to abolish the National Central Bank, which would make sense if the country uses the American currency.    

Argentina, as much of the Latin American continent, desperately seeks to avoid falling into the hands of socialism and its damaging outcomes. In this despair, is that Javier Milei becomes an opportunity, and far from being a perfect one, is an outstanding opportunity for Argentina to emerge back from the current disaster it’s in. But Milei is not only hope for Argentina; if he wins there is a good chance of causing a political shift in the region. 

Comments

Post a Comment

Popular posts from this blog

Subjective Value through Non-Austrians

By
James Buchanan in his book The Reason of Rules(10.2.9) states: The individual is the unique unit of consciousness from which all evaluation begins. Note that this conception does not in any way reject the influence of community or society on the individual. The value structure of an isolated human being may be totally divergent from that of such a person described by membership in one or many social relationships. The presupposition requires only that societal or communitarian influences enter through modifications in the values that are potentially expressed by the individual and not externally. Armen Alchian and William Allen in Exchange and Production: Competition, Coordination, and Control : Groups, organizations, communities, nations, and societies are best understood by focusing on the incentives and actions of their members. A business, union, or family may be formed to further some common interest of its members, but group actions are still the results of decisions of individu...
2 comments
Read more

Wisdom from the Gossip Crowd

By
Last week, Dan Klein had met with a group of students on a draft of his recent paper. During the discussion he had raised a question that all students with the love for liberty usually ask themselves , "How come I get it? How come all these other people I know get it, but the everyday citizen does not get it?" The "it" being government intervention within our personal lives being more harmful and not as efficient as the market. Those in the room shared his agony with the question and for me coincided with the question, " Why does the battered wife not leave her beating husband? " The solution was simple when I sat around a table with my cousins and my wife and heard a discussion of a guy who felt he owned the world going out with other girls and yet his girlfriend stays by him. When the remark was made that his girlfriend was stupid for staying by him, I heard the words that made me understand why people still don't get "it". " She belie...
2 comments
Read more

Saying No is hard; but in this case at what cost

By Jimbo Ar
Ecuador’s President, Daniel Noboa, called the electorate to the ballots on a National Referendum. The eleven questions established for this political process were in two main fields: security and labor market reforms. The Referendum took place on April 21, 2024.      The official results of the National Referendum are that in 9 out 11 yes-no-questions the Ecuador’s electorate gave the option of Yes a majoritarian support to the Administration’s plans. However, two questions the support leaned towards No; those questions main focus was on reforms to labor and foreign investment. The following graph show the results of the Referendum. Graph 1 Results of the National Referendum Source: CNE (National Electorate Council for it acronym in Spanish)        In the graphs, question D (3) stated that: Do you agree that the Ecuadorian State should recognize international arbitration as a method for resolving disputes in investment, contractual, or commercial matte...
Post a Comment
Read more